WHOLESALE & RETAIL TRADE MALAYSIA RECORDS RM115.5 BILLION
IN DECEMBER 2020 AND GENERATE RM1.2 TRILLION IN 2020
Sales value of Wholesale & Retail Trade recorded RM115.5 billion in December 2020 to register -0.3 per cent year-on-year. This was due to Retail Trade which contracted 2.0 per cent (-RM0.9 billion). Similarly, Wholesale Trade also recorded a decrease of 0.6 per cent (-RM0.3 billion). On the other hand, Motor Vehicles continued a positive growth of 7.4 per cent or an increase of RM0.9 billion.
In December 2020, volume index of Wholesale & Retail Trade registered a growth of -0.7 per cent year-on-year to record 133.8 points. The fall was due to Retail Trade and Wholesale Trade which decreased 2.9 per cent and 0.02 per cent respectively. In contrast, Motor Vehicles recorded a positive growth to register 6.0 per cent. In terms of seasonally adjusted volume index, it went up 1.3 per cent month-on-month.
Wholesale Trade generated sales value of RM55.3 billion in December 2020, a decrease of RM0.3 billion (-0.6%) as against December 2019. Other Specialised Wholesale and Wholesale on a Fee or Contract Basis recorded a fall of 6.4 per cent respectively as compared to the previous year. For monthly comparison, sales of this sub-sector increased 4.8 per cent.
Volume index of Wholesale Trade registered 131.3 points, contracted 0.02 per cent year-on-year. The negative growth was recorded in Other Specialised Wholesale (-5.8%) and Wholesale on a Fee or Contract Basis (-3.7%). As for seasonally adjusted volume index, it increased 0.7 per cent month-on-month.
Sales of Retail Trade registered a negative growth of 2.0 per cent as compared to December 2019. Among groups that contributed to this decrement were Retail Sale of Automotive Fuel in Specialised Stores (-10.5%), Retail Sale of Other Goods in Specialised Stores (-6.4%) and Retail Sale of Cultural & Recreation Goods in Specialised Stores (-4.9%). Compared with November 2020, sales of this sub-sector rose 4.5 per cent.
Volume Index of Retail Trade recorded -2.9 per cent growth to 145.3 points as compared to December 2019. Among the groups that contributed to this growth were Retail Sale of Automotive Fuel in Specialised Stores (-9.1%), Retail Sale of Other Goods in Specialised Stores (-7.7%) and Retail Sale of Cultural & Recreation Goods in Specialised Stores (-5.5%). As for seasonally adjusted volume index, it increased 0.9 per cent as against November 2020.
Sales value of Motor Vehicles sub-sector registered year-on-year growth of 7.4 per cent. This increase was attributed to Sale of Motor Vehicles which registered a growth of 15.3 per cent and Sale, Maintenance & Repair of Motorcycle 6.9 per cent. For monthly comparison, sales of this sub-sector increased 4.4 per cent.
The volume index of Motor Vehicles grew 6.0 per cent year-on-year to reach 108.9 points. The increment was contributed by Sale of Motor Vehicles (16.1%) and Sale, Maintenance & Repair of Motorcycles (6.6%). Seasonally adjusted volume index for this sub-sector went up 4.6 per cent month-on-month.
The full publication of the Performance of Wholesale & Retail Trade, December 2020 can be downloaded from eStatistik portal.
Data for December 2020 is provisional. The data will be updated based on the latest available figures and subsequently published in the Performance of Wholesale & Retail Trade, January 2021.
DATO' SRI DR. MOHD UZIR MAHIDIN
CHIEF STATISTICIAN MALAYSIA
DEPARTMENT OF STATISTICS MALAYSIA
9 February 2021
Mohd Yusrizal Ab Razak
Public Relation Officer
Strategic Communication and International Division
Department of Statistics, Malaysia
Tel : +603-8885 7942
Fax : +603-8888 9248
E-mail : yusrizal.razak[at]dosm.gov.my